About This Property
Project Freedom At Hopewell is an affordable housing community in Hopewell, NJ with 72 units available to qualified residents. The property is situated in Mercer County and offers housing options for individuals and families seeking affordable rental accommodations. Interested applicants can contact the property management for information regarding availability and eligibility requirements.
Property Details
Fair Market Rent - Mercer County, NJ
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,354 |
| 1 Bedroom | $1,550 |
| 2 Bedroom | $1,998 |
| 3 Bedroom | $2,416 |
| 4 Bedroom | $2,661 |
Income Limits - Mercer County, NJ
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $22,450
- Very Low (50%)
- $37,400
- Low (80%)
- $55,950
- Extremely Low (30%)
- $25,650
- Very Low (50%)
- $42,750
- Low (80%)
- $63,950
- Extremely Low (30%)
- $28,850
- Very Low (50%)
- $48,100
- Low (80%)
- $71,950
- Extremely Low (30%)
- $32,050
- Very Low (50%)
- $53,400
- Low (80%)
- $79,900
- Extremely Low (30%)
- $34,650
- Very Low (50%)
- $57,700
- Low (80%)
- $86,300
- Extremely Low (30%)
- $37,200
- Very Low (50%)
- $61,950
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $66,250
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $70,500
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,450 | $37,400 | $55,950 |
| 2 Persons | $25,650 | $42,750 | $63,950 |
| 3 Persons | $28,850 | $48,100 | $71,950 |
| 4 Persons | $32,050 | $53,400 | $79,900 |
| 5 Persons | $34,650 | $57,700 | $86,300 |
| 6 Persons | $37,200 | $61,950 | $92,700 |
| 7 Persons | $40,120 | $66,250 | $99,100 |
| 8 Persons | $44,660 | $70,500 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hopewell, NJ?+
The Fair Market Rent (FMR) for Mercer County, NJ is: $1354 (Studio), $1550 (1BR), $1998 (2BR), $2416 (3BR), $2661 (4BR). Actual rent at subsidized properties like Project Freedom At Hopewell is typically 30% of household income or less.
What are the income limits for affordable housing in Mercer County, NJ?+
For a 4-person household in Mercer County, NJ, the income limits are: Extremely Low Income (30% AMI): $32,050, Very Low Income (50% AMI): $53,400, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
How do I apply for housing at Project Freedom At Hopewell?+
Project Freedom At Hopewell is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Project Freedom At Hopewell?+
Project Freedom At Hopewell is managed by . You can reach them at . Visit their website for more information.
Contact Information
Location
Mercer County, NJ
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